Notice is hereby given that under the provisions of the Municipal Government Act, the Alberta Public Sale of Land Town of Coronation will offer for sale, by public auction, in the Council Chambers at the Town Office at 5015 Victoria Avenue, Coronation, Alberta, on Thursday, February 15, 2018, at 10:00 a.m., the following parcels:

Lot
Block
Plan
Title
3
8
8149AH
042 283 939
3-4
41
8149AH
042 437 907
28
42
8149AH
062 451 123
29
42
8149AH
062 451 123 +1
29
2
8021520
082 288 914
26
2
8021520
112 387 761
4
2
8021520
122 181 583
11-12
9
8149AH
132 208 018
30-31
42
8149AH
142 065 305
14
1
8021520
142 328 341
30
15
8149AH
942 128 174
34
2
8021520
942 385 080

The purchaser of the property will be responsible for any property taxes for the current year.Each parcel of land offered for sale at public auction will be subject to a reserve bid and to the reservations and conditions contained in the existing certificate of title.

Redemption of a parcel of land offered for sale may be affected by certified payment of all arrears of taxes, penalties and costs at any time prior to the auction.

The lands are being offered for sale on an “as is, where is” basis, and the Municipality makes no representation and gives no warranty whatsoever as to the adequacy of services, soil conditions, land use districting, building and development conditions, absence or presence of environmental contamination, vacant possession, or the
developability of the lands for any intended use by the successful bidder.

No terms and conditions of sale will be considered other than those specified by the municipality.

The auctioneer, the Councillors, the chief administrative officer, the designated officers and employees of the municipality must not bid for or buy, or act as an agent in buying, any parcel of land offered for sale, unless directed by the municipality to bid for or buy a parcel of land on behalf of the municipality.

Once the property is declared sold to another individual at public auction the previous owner has no further right to pay the tax arrears.

The risk of the property lies with the purchaser immediately following the auction. The purchaser is responsible for obtaining vacant possession.

If no offer is received on a property or if the reserve bid is not met, the property cannot be sold at the public auction.

The municipality may, after the public auction, become the owner of any parcel of land that is not sold at the public auction.

Terms: The successful bidder must, at the time of the sale, make a non-refundable ten percent (10%) deposit in cash, certified cheque or bank draft payable to the municipality, with the remaining balance of the purchasing price due within thirty (30) days of the sale. GST will apply to all applicable lands sold at the auction.

Sandra Kulyk,
Chief Administrative Officer.

DISCLAIMER

We believe the information contained in this article to be accurate.
It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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